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What if a Life estate was put in more then one name can home be sold?
Wiki User
∙ 14y ago
A home that is subject to a life estate cannot be sold without the written consent of the life estate holder.
Wiki User
∙ 14y ago
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Life estate put in more then one name can home be sold?
A property that is encumbered by two life estate cannot be sold or refinanced without the written consent of the life estate holders.
What is another name for home trade?
Real Estate
What to name a California real estate company?
California Real Estate Company
Good name for Real estate?
One good name for a real estate company may be We Sell Houses.
Is there another word for farm and estate?
no there is no other name of farm
Life estate put in more then one name can home be sold?
A property that is encumbered by two life estate cannot be sold or refinanced without the written consent of the life estate holders.
What is another name for estate of inheritance?
Another name for an estate of inheritance is FEE SIMPLE. In contrast, a life estate is not an estate of inheritance because it does not pass to one's heirs at death.
What happens in a life estate when the son gets divorced in wi?
A life estate is a right in property. Rights in property don't go away. The name on the life estate is the person that retains the rights to the life estate.
What is another name for home trade?
Real Estate
What does the name Harriet mean?
Ruler of Home and Estate
Can a wife of a intestate estate purchase the home if it is not in her name?
Anybody can buy the home.
Does the life estate person or the remainder men in a life estate pay for the mortgage that is on home deed only in person who died name but mtg is in both person who died and his wifes name?
Look to the instrument that created the interests. If the instrument is silent on this point, in most cases, the decedent's wife is obligated since her name is on the mortgage. Option: If this is not desired, someone else (life estate tenant or remainderman) may refinance and pay off first mortgage.
Can life estate go to a person whose name is not on deed?
The person who is receiving the life estate must be listed as grantee in the deed along with the clear intention that only a life estate is granted. The deed should be drafted by a professional who can discuss the consequences and responsibilities associated with granting a life estate.
What is the name of estate Jefferson designed built and called his home?
monticello
Can a life estate deed name two grantees?
Yes, & upon the death of the person reserving a life estate, the property will be owned by both of the 2 Grantees
DO I NEED A LIFE ESTATE IF MY PARENTS AND I BOTH OWN THE HOUSE?
If your name is on the deed, no. A life estate would serve no purpose as long as they can't sell it without your approval.
Will surving spouse inherit home in deceased name in fl?
That is the normal distribution. If there are others on the deed that may affect things. And a spouse normally has a right to the property for at least a life estate.
